SPDR S&P 500 ETF TRUST
Short
Updated

Play for bears to hit 430?

162
Signs:
  • Divergence on Stochastic, MFI, and RSI on Daily
  • Potential bullish bat pattern going from C to D. Points to $430
  • 200 SMA on daily is ~$430


The catalyst could be the FOMC on Tuesday/Wednesday.
Note
Bat invalidated. Transformed into a cypher. Potential Reverse Zone is between 420 and 430.
Note
In PRZ. didn't expect it to reach so quickly.

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